Bureau Veritas Solutions Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bureau Veritas Solutions Denmark A/S
Bureau Veritas Solutions Denmark A/S (CVR number: 10854431K) is a company from FREDERICIA. The company reported a net sales of 44.4 mDKK in 2023, demonstrating a growth of 6.4 % compared to the previous year. The operating profit percentage was at 13.7 % (EBIT: 6.1 mDKK), while net earnings were 5018.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.7 %, which can be considered excellent and Return on Equity (ROE) was 50.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Bureau Veritas Solutions Denmark A/S's liquidity measured by quick ratio was 2.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 36.14 | 38.72 | 41.71 | 44.36 |
Gross profit | 19.96 | 21.47 | 23.07 | 25.24 |
EBIT | 4.53 | 4.98 | 6.24 | 6.08 |
Net earnings | 3.03 | 4.18 | 4.83 | 5.02 |
Shareholders equity total | 8.07 | 9.26 | 9.89 | 10.11 |
Balance sheet total (assets) | 21.00 | 19.35 | 18.48 | 19.97 |
Net debt | 0.63 | 2.18 | 0.77 | 1.26 |
Profitability | ||||
EBIT-% | 12.5 % | 12.9 % | 15.0 % | 13.7 % |
ROA | 22.0 % | 27.0 % | 33.7 % | 34.7 % |
ROE | 37.5 % | 48.3 % | 50.5 % | 50.2 % |
ROI | 44.1 % | 49.8 % | 57.7 % | 60.7 % |
Economic value added (EVA) | 3.44 | 3.51 | 4.40 | 4.24 |
Solvency | ||||
Equity ratio | 43.1 % | 53.3 % | 59.6 % | 55.5 % |
Gearing | 11.3 % | 23.6 % | 7.8 % | 12.4 % |
Relative net indebtedness % | 35.0 % | 26.1 % | 20.6 % | 22.2 % |
Liquidity | ||||
Quick ratio | 2.3 | 2.4 | 2.7 | 2.4 |
Current ratio | 1.8 | 1.9 | 2.1 | 2.0 |
Cash and cash equivalents | 0.28 | |||
Capital use efficiency | ||||
Trade debtors turnover (days) | 40.2 | 62.2 | 37.3 | 39.9 |
Net working capital % | 26.2 % | 23.6 % | 23.2 % | 22.4 % |
Credit risk | ||||
Credit rating | AA | AA | AA | AA |
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